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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Industrial properties
317 11th St, Chicago Heights, IL 60411-2852
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US28-2657020
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1955
Lot
0.68 ac (29,548 SF)
APN
32-21-200-011
UPID
US28-2657020
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
American Eagle Steel LLC Construction Company General Contractor
-
Liberty Bar Products Factory Production Facility
-
Keystone-Calumet Inc Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Keystone-calumet INC · 19 yrs held
Keystone-calumet INC
since 2007
Last sale
$870,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chicago Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,501
Tax year 2022
Assessed value
$8,704
Assessed 2022
Previous assessed
$8,704
+0.0% YoY
Effective rate
63.20%
On assessed value
Assessed land
$4,432
Assessed improvement
$4,272
Land market value
$17,728
Improvement market value
$17,088
Total market value
$34,816
Applied tax rate
12,028.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1955
Heating
NONE
Lot
0.68 ac (29,548 SF)
APN
32-21-200-011
UPID
US28-2657020
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Lot
0.68 ac
Current owner
From public records · entity-resolved
Keystone-calumet INC
Entity
Mailing address
13355 NOEL RD STE #1550, DALLAS, TX 75240-6971
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2007
$878,000
Keystone-calumet INC
Mzg Associates II LLC
Grant Deed
$100,000,000 · Wachovia Capital Finance Corp
Jan 29, 2007
—
Mzg Associates II LLC
Calumetals INC
Quit Claim Deed
related
—
Feb 2, 2004
$990,000
Calumet Acquisition Co INC
Mzg Associates II LLC
Grant Deed
—
Feb 2, 2004
—
Calumet Acquisition Co INC
—
Deed Of Trust
related
$2,857,000 · Fifth Third Bank Chicago
Jan 6, 2003
$990,000
Mzg Associates II LLC
Pamela,s Tr
Grant Deed
$2,450,000 · Mb Financial Bank NA
—
—
Keystone-calumet INC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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